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Arrest clauses in charter parties are frequently one-sided with charterers having the right to terminate the charter party if the ship is not released within two or three days of an arrest. To provide a fairer allocation of risk and responsibility in the event of ship arrest BIMCO has developed two ... Please follow the link to continue reading.
MEMBER CONTENT – login using the orange button at the top of the page to view.
MEMBER CONTENT – login using the orange button at the top of the page to view.